How do I find out how much my jewelry is worth?
Weigh the Piece
Weighing your piece of jewelry can help you determine its worth, especially if it’s a chain or a bangle. Long, heavy gold and platinum pieces have a lot of value. Gold and silver are heavier metals, and they weigh more than lower value brass and pewter, which are often used in knock-off pieces.
Can you trust jewelry appraisal?
Because an appraisal doesn’t reflect the actual value of your diamond ring, you need to be realistic about what to expect when you sell or trade-in your stone. You may be surprised at how little you receive in comparison with your appraisal. Your appraisal is not a good indicator of what you’ll get for a resale price.
Do jewelers charge to appraise jewelry?
It’s not expensive to get an appraisal! Most jewelers charge anywhere from $75-$125 for a jewelry appraisal. Therefore, the cost to have your jewelry appraised is absolutely justified when you compare it to the value of your jewelry piece.
Does Kay Jewelers charge for appraisals?
Every diamond and fine jewelry purchase at Kay’s Fine Jewelry (above $1000) comes with a certified lab appraisal for insurance and evaluation purposes. … Located in New York, this is an entirely independent organization charged with assessing the value of diamonds and colored stones.
Is there an app to identify jewelry?
Available on both iPhone and iPad as well as Android devices, the app enables users to quickly research and identify the date letter on precious metal, jewellery and silverware.
How do you identify jewelry stamps?
The most common hallmark is meant to tell you an item’s precious metal purity. The first thing you want to look for is the shape of the stamp. A rectangular shape with the corners shaved off will tell you immediately that the item is gold. An oval stamp would indicate the item is silver.
How long does jewelry appraisal take?
There are many factors that determine how long it will take to get your jewelry appraised. In general, it takes about 7-10 days to get a proper appraisal. The jeweler or appraiser needs to do quite a few things before creating the appraisal document.
How can you tell if jewelry is real?
Rub the jewelry in that area; real gold will usually leave a black streak if it is in direct contact with the foundation. Using a magnet is a good way of identifying whether your jewelry is authentic or not. If your jewelry sticks to the magnet, it may be fake or not pure gold.
Should I have my jewelry appraised?
By far, the most important reason is for insurance purposes. Over the years, the value of your jewelry and gemstones can fluctuate greatly. … That means you risk a substantial financial loss if your jewelry is lost, stolen or damaged. For your protection, we recommend you have your jewelry appraised every two years.
How do you tell if a diamond is real?
To determine if your diamond is real, hold a magnifying glass up and look at the diamond through the glass. Look for imperfections within the stone. If you’re unable to find any, then the diamond is most likely fake. the majority of real diamonds have imperfections referred to as inclusions.
How does jewelry appraisal compare with selling price?
Many people believe the value stated on a jewelry appraisal is the same as its resale value, but that’s not the case. … So, it’s important to keep in mind that a diamond ring appraisal should only be used for insurance purposes and does not reflect the value of the item at retail, let alone for resale, valuation.
How does jewelry appraisal work?
A jewelry appraisal may cost around $100 or a percentage of the value of the item, and it will not add value to your jewelry. What it will give you is more detail about the item itself, such as estimated weight, color and clarity of the diamonds. This information will enable you to obtain a price range for your stone.
What does it cost to have a ring appraised?
How much does it cost to have jewelry appraised? It depends on the appraiser. It could be anywhere from $50 up to $150 per item.
Does Shane co appraise?
Each one of our diamonds is graded by Shane Co. … The appraisal will show the weight, color and clarity of your diamond, the retail price you purchased it at and a detailed description of your diamond.